The offering raised gross proceeds of about AED 7.5 billion (approximately $2 billion), making it the largest global technology IPO in 2024 to date, the largest IPO in the GCC this year, and the first ...

Talabat, the Middle Eastern food delivery service owned by Delivery Hero, priced its IPO on Friday at Dh1.6 a share, the top of the opening range, to raise $2.03bn-equivalent, making it the largest ...

Based on the unchanged price range for the sale of its shares of Dh1.50 to Dh1.60, the revised IPO size is expected to rake ...

Talabat Holding, one of the biggest food ordering businesses in the Middle East, is set to raise about $2 billion from ...

Middle East-based food delivery company Talabat has raised $2bn in the Gulf’s biggest initial public offering this year, as ...

Delivery Hero SE priced its Middle Eastern unit’s initial public offering at the top of its range, putting the deal on pace ...

For Delivery Hero SE, the public listing of its Middle Eastern unit brings a much needed cash windfall — and a vexing problem ...

Gross domestic product shrank by 0.2% on a quarterly basis between July and September, according to data from the Turkish statistical agency on Friday, matching the contraction of the prior quarter, ...

Talabat is to raise about $2 billion from its IPO this year, after Delivery Hero priced the offering at the top end of the ...

Trading is scheduled to commence on the Dubai Stock Exchange on December 10, with Delivery Hero maintaining majority ownership of Talabat and securing future dividend benefits. The company's current ...

Following the IPO, Talabat plans to pay a minimum dividend of AED367.25 million in April 2025. The company is targeting a ...

Delivery Hero's Talabat IPO Priced at Top of Range Delivery Hero's Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a market value of around ...